Waterford

In Southeastern Connecticut Planning Region, Connecticut.

Population: 3,496
Median household income: $75,968
Median home value: $245,600

Waterford is a community in Southeastern Connecticut Planning Region, Connecticut, home to 3,496 residents. The median household income of $75,968 is below the Southeastern Connecticut Planning Region median ($84,185).

Between 2019 and 2023, Waterford's population grew 16.2% from 3,008 to 3,496, while its median home value rose 24.3% from $197,600 to $245,600.

Households average 2.11 people. The median gross rent is $1,618.

Demographics

ACS 2019–2023

Population: 3,496
Median age: 45.7 yrs
Median household income: $75,968
Median home value: $245,600
Median gross rent: $1,618
Housing units: 1,671
Homeownership rate: 68.6%
Bachelor's degree or higher: 25.5%
Unemployment rate: 7.8%

Trends

ACS 5-year · 2019–2023

Population

3,0083,496

Median household income

$56,181$75,968

Median home value

$197,600$245,600

Median gross rent

$1,187$1,618

Year	Population	Median household income	Median home value	Median gross rent
2019	3,008	$56,181	$197,600	$1,187
2020	2,922	$62,014	$201,700	$1,306
2021	3,061	$67,333	$189,800	$1,341
2022	3,276	$74,701	$222,100	$1,438
2023	3,496	$75,968	$245,600	$1,618

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.3%

5 to 1714.5%

18 to 245.8%

25 to 3414.6%

35 to 4413.3%

45 to 5412.7%

55 to 6414.5%

65 to 7413.0%

75 and over10.4%

	Count	Share
Under 5	44	1.3%
5 to 17	507	14.5%
18 to 24	204	5.8%
25 to 34	509	14.6%
35 to 44	464	13.3%
45 to 54	443	12.7%
55 to 64	507	14.5%
65 to 74	455	13.0%
75 and over	363	10.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,628	75.2%
Black or African American	281	8.0%
American Indian & Alaska Native	0	0.0%
Asian	107	3.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	64	1.8%
Two or more races	130	3.7%
Hispanic or Latino (any race)	286	8.2%

Educational attainment (age 25+)

No high school diploma4.5%

High school graduate38.3%

Some college or associate's31.7%

Bachelor's degree10.8%

Graduate or professional degree14.7%

	Count	Share
No high school diploma	123	4.5%
High school graduate	1,050	38.3%
Some college or associate's	869	31.7%
Bachelor's degree	296	10.8%
Graduate or professional degree	403	14.7%

Commute to work

Mean travel time to work: 30 min

Drove alone82.0%

Carpooled4.5%

Public transit0.9%

Walked2.9%

Bicycle0.0%

Worked from home6.0%

Other means3.7%

How workers get to work

	Count	Share
Drove alone	1,390	82.0%
Carpooled	76	4.5%
Public transit	16	0.9%
Walked	50	2.9%
Bicycle	0	0.0%
Worked from home	102	6.0%
Other means	62	3.7%

Travel time

	Count	Share
Under 15 min	546	34.3%
15 to 29 min	553	34.7%
30 to 44 min	99	6.2%
45 to 59 min	130	8.2%
60+ min	266	16.7%

Households

Average household size: 2.11
Poverty rate: 6.7% (227 of 3,403)

	Count	Share
Family households	869	54.0%
Nonfamily households	741	46.0%

Housing

Median year structure built: 1967

Occupancy

	Count	Share
Occupied	1,610	96.3%
Vacant	61	3.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,105	68.6%
Renter-occupied	505	31.4%

1-unit, detached61.0%

1-unit, attached5.7%

2 to 4 units4.4%

5 to 19 units7.7%

20 or more units6.9%

Mobile home & other14.4%

Units in structure

	Count	Share
1-unit, detached	1,019	61.0%
1-unit, attached	96	5.7%
2 to 4 units	73	4.4%
5 to 19 units	128	7.7%
20 or more units	115	6.9%
Mobile home & other	240	14.4%

Geography

Place GEOID: 0980210
Type (LSAD): 57
Land area: 1.89 sq mi
Water area: 0 sq mi
Center point: 41.3463, -72.1293